Bank of Montreal 2000 Annual Report Download - page 96

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Supplemental Information
72 ■Bank of Montreal Group of Companies Annual Report 2000
Table 5 Average Balances and Average Interest Rates of Assets and Liabilities ($ millions except as noted)
2000 1999 1998
Average Average Average
Average interest Interest Average interest Interest Average interest Interest
For the year ended October 31 balances yield (%) income balances yield (%) income balances yield (%) income
Assets
Canadian Dollars
Deposits with other banks 2,272 5.50 125 1,442 5.08 73 1,931 4.36 84
Securities 19,972 5.98 1,194 13,730 6.17 847 23,322 5.20 1,214
Loans
Residential mortgages 35,247 6.48 2,283 33,124 6.42 2,127 33,945 6.58 2,233
Non-residential mortgages 2,142 7.22 155 2,017 7.14 144 1,801 7.16 129
Consumer instalment and other personal loans 14,061 8.42 1,184 13,260 7.75 1,027 12,575 7.64 960
Credit card loans 1,251 9.98 125 932 10.20 95 810 11.69 95
Loans to businesses and governments (a) 26,270 6.92 1,817 24,881 6.81 1,694 25,072 7.09 1,777
Total loans 78,971 7.05 5,564 74,214 6.85 5,087 74,203 7.00 5,194
Other non-interest bearing assets 14,477 16,445 11,053
Total Canadian dollars 115,692 5.95 6,883 105,831 5.68 6,007 110,509 5.88 6,492
U.S. Dollar and Other Currencies
Deposits with other banks 17,792 5.17 920 21,116 4.71 996 24,595 5.80 1,427
Securities 26,722 6.71 1,793 26,781 6.49 1,738 24,005 6.28 1,508
Loans
Residential mortgages 3,726 6.71 251 3,479 6.65 232 3,033 7.36 223
Non-residential mortgages 1,391 8.11 113 1,234 8.26 102 965 8.47 83
Consumer instalment and other personal loans 3,352 8.45 283 3,027 7.87 238 2,883 8.45 243
Credit card loans 28 4.65 1 22 4.04 1 341 15.77 54
Loans to businesses and governments (a) 47,871 8.76 4,193 53,620 7.46 3,998 49,261 8.57 4,219
Total loans 56,368 8.59 4,841 61,382 7.45 4,571 56,483 8.54 4,822
Other non-interest bearing assets 18,370 11,604 11,858
Total U.S. dollar and other currencies 119,252 6.33 7,554 120,883 6.04 7,305 116,941 6.63 7,757
Total All Currencies
Total assets and interest income 234,944 6.15 14,437 226,714 5.87 13,312 227,450 6.27 14,249
2000 1999 1998
Average Average Average
Average interest Interest Average interest Interest Average interest Interest
For the year ended October 31 balances cost (%) expense balances cost (%) expense balances cost (%) expense
Liabilities
Canadian Dollars
Deposits
Banks 2,364 4.09 96 2,597 3.82 99 3,638 4.57 166
Businesses and governments 31,432 4.02 1,264 23,883 3.07 734 26,895 3.75 1,009
Individuals 45,697 3.62 1,652 43,943 3.19 1,400 43,291 3.17 1,373
Total deposits 79,493 3.79 3,012 70,423 3.17 2,233 73,824 3.45 2,548
Subordinated debt and other interest bearing liabilities 12,470 5.95 743 12,856 6.17 793 19,086 6.11 1,165
Other non-interest bearing liabilities 12,682 12,089 8,159
Total Canadian dollars 104,645 3.59 3,755 95,368 3.17 3,026 101,069 3.67 3,713
U.S. Dollar and Other Currencies
Deposits
Banks 26,679 5.66 1,511 27,262 4.63 1,261 30,105 5.53 1,664
Businesses and governments 36,863 5.96 2,197 36,824 5.87 2,161 34,202 7.25 2,480
Individuals 16,409 4.30 706 16,152 4.17 673 15,003 3.76 563
Total deposits 79,951 5.52 4,414 80,238 5.10 4,095 79,310 5.93 4,707
Subordinated debt and other interest bearing liabilities 26,360 7.32 1,930 32,189 5.51 1,774 27,867 6.02 1,677
Other non-interest bearing liabilities 12,574 8,083 9,398
Total U.S. dollar and other currencies 118,885 5.34 6,344 120,510 4.87 5,869 116,575 5.48 6,384
Total All Currencies
Total liabilities and interest expense 223,530 4.52 10,099 215,878 4.12 8,895 217,644 4.64 10,097
Shareholders’ equity 11,414 10,836 9,806
Total liabilities, interest expense and shareholders’ equity 234,944 4.30 10,099 226,714 3.92 8,895 227,450 4.44 10,097
Net interest spread on average assets and net interest income 1.85 4,338 1.95 4,417 1.83 4,152
The above table presents daily average balances and average yield and cost on assets and
liabilities on a taxable equivalent basis.
Refertotheglossaryonpage88foradefinitionofthetaxableequivalentbasis(TEB)adjustment.
(a) Includes securities purchased under resale agreements.